Comments on: How to Write a Business Plan for the Home-based E-entrepreneur http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/ Designing, Preparing, and Running Business Successfully Wed, 23 Jun 2010 19:53:11 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: Mirjana http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1404 Mirjana Mon, 29 Mar 2010 18:50:48 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1404 Purchase a "Business Communications" textbook at the second-hand bookstore in your town. They will most definitely have reports and business plans which you can use as a guide. Purchase a "Business Communications" textbook at the second-hand bookstore in your town. They will most definitely have reports and business plans which you can use as a guide.

]]> By: babydollof4kids http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1402 babydollof4kids Mon, 29 Mar 2010 13:06:16 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1402 If you're only really asking about training, then it would depend on the size of the business. If there's only about 1 - 10 people, then it would usually be the duty of the owner to train new staff, as he or she would be the person with the most interest in ensuring that everyone knows what they are doing. If you go into 10 - 30 or so staff, you'd probably have an operational or production manager who should take care of training. Most businesses don't fail because of inadequate training though. As you pointed out, it's more about lack of planning. I ran my own small businesses for a few years, and I made sure to only hire people that didn't need any training! Is your concern that businesses fail because of no proper training programs? If you're only really asking about training, then it would depend on the size of the business. If there's only about 1 – 10 people, then it would usually be the duty of the owner to train new staff, as he or she would be the person with the most interest in ensuring that everyone knows what they are doing. If you go into 10 – 30 or so staff, you'd probably have an operational or production manager who should take care of training.

Most businesses don't fail because of inadequate training though. As you pointed out, it's more about lack of planning. I ran my own small businesses for a few years, and I made sure to only hire people that didn't need any training!

Is your concern that businesses fail because of no proper training programs?

]]> By: bulabate http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1400 bulabate Mon, 29 Mar 2010 08:32:50 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1400 well, now that Paulson has his Tight Republican Grip on that 700 Billion i don't think he is gonna let any of it Trickle down to us regular folks, again~! well, now that Paulson has his Tight Republican Grip on that 700 Billion i don't think he is gonna let any of it Trickle down to us regular folks, again~!

]]> By: millylouise http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1403 millylouise Mon, 29 Mar 2010 05:36:54 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1403 According to the book “The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In” http://www.amazon.com/exec/obidos/ASIN/0446694150/powerhomebizguid by Garrett Sutton, below are some tips to make a winning business plan that can get funding: - Money follows management. Investors look first at the people involved in the company. If you are just starting out and don’t have relevant experience, investors expect to see that you have an experienced team of advisors and employees helping you in the business. - Make sure you “sell” the one reason your business will become profitable. - State clearly the strategies you will employ to get the word out about your business. Your business plan must show how you will leverage the Internet, public relations, viral marketing, and other strategies to attract customers. - Present realistic estimates of the time, energy and costs of building a successful business. Do not underestimate or overestimate revenues. While investors know your numbers are simply guesses, they want to see that your numbers are within the “range of reality.” Be careful of your financial statements: this is one area where you can easily lose credibility if presented poorly. - Benchmark similar companies to show that you’ve done your homework and researched the market. - Your Executive Summary is your calling card. If it is not a winner, investors may not even read your entire plan. Emphasize your own as well as your team’s track record in the Executive Summary. - Before sending your business plan to lenders and investors, send it out first to a few in order to get feedback. You’d want to correct your plan if someone tells you that you’re way off mark, rather than have a potential investor tell it to you and lose the chance to get the funding you need. Here are some resources that can help you write your business plan: - SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html - PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm - Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html You may also want to review some sample business plans to see how it actually looks like: - Bplans.com http://www.bplans.com/sp/businessplans.cfm - MOOT Corp Business Plan competition winners http://www.businessplans.org/businessplans.html - VFinance - View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp - Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp - PlanWare Planning software and information. http://www.planware.org/ - Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html -SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html - Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf - Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid - Business Plans Index - A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html Some recommended books are : - Business Plans Kit for Dummies - The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan - Writing Business Plans That Get Results : A Step-By-Step Guide - Business Plans For Dummies® - Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan According to the book “The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read — and Invest In” http://www.amazon.com/exec/obidos/ASIN/0446694150/powerhomebizguid by Garrett Sutton, below are some tips to make a winning business plan that can get funding:

- Money follows management. Investors look first at the people involved in the company. If you are just starting out and don’t have relevant experience, investors expect to see that you have an experienced team of advisors and employees helping you in the business.

- Make sure you “sell” the one reason your business will become profitable.

- State clearly the strategies you will employ to get the word out about your business. Your business plan must show how you will leverage the Internet, public relations, viral marketing, and other strategies to attract customers.

- Present realistic estimates of the time, energy and costs of building a successful business. Do not underestimate or overestimate revenues. While investors know your numbers are simply guesses, they want to see that your numbers are within the “range of reality.” Be careful of your financial statements: this is one area where you can easily lose credibility if presented poorly.

- Benchmark similar companies to show that you’ve done your homework and researched the market.

- Your Executive Summary is your calling card. If it is not a winner, investors may not even read your entire plan. Emphasize your own as well as your team’s track record in the Executive Summary.

- Before sending your business plan to lenders and investors, send it out first to a few in order to get feedback. You’d want to correct your plan if someone tells you that you’re way off mark, rather than have a potential investor tell it to you and lose the chance to get the funding you need.

Here are some resources that can help you write your business plan:

- SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html
- PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm
- Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html

You may also want to review some sample business plans to see how it actually looks like:

- Bplans.com http://www.bplans.com/sp/businessplans.cfm
- MOOT Corp Business Plan competition winners
http://www.businessplans.org/businessplans.html
- VFinance – View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp
- Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp
- PlanWare Planning software and information. http://www.planware.org/
- Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html
-SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html
- Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf
- Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid
- Business Plans Index – A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html

Some recommended books are :

- Business Plans Kit for Dummies
- The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan
- Writing Business Plans That Get Results : A Step-By-Step Guide
- Business Plans For Dummies®
- Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan

]]> By: corpo http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1393 corpo Mon, 29 Mar 2010 04:05:41 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1393 Glad you liked it, shortly there will be more being added to help start-ups and early stage businesses.. Glad you liked it, shortly there will be more being added to help start-ups and early stage businesses..

]]> By: earthlink http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1394 earthlink Sun, 28 Mar 2010 03:25:40 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1394 Hi Adam, more videos are on the way shortly to help demystify the process.. Hi Adam, more videos are on the way shortly to help demystify the process..

]]> By: rails http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1390 rails Sat, 27 Mar 2010 17:45:30 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1390 Good and to the point video Matt. Definitly will use it again for reference towards build my buisness plan outline. Thanks! Good and to the point video Matt. Definitly will use it again for reference towards build my buisness plan outline. Thanks!

]]> By: psychic http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1389 psychic Sat, 27 Mar 2010 15:34:54 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1389 Nice & Helpful video. Nice & Helpful video.

]]> By: jpro http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1395 jpro Sat, 27 Mar 2010 08:43:17 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1395 A business plan does not guarantee a businesses success. However, if it is a well written business plan then it will provide a good platform for the success of your business. You wouldn't build a house without a plan right? Well, with business its the same thing, planning provides the foundations that you can then build your business upon. A business plan does not guarantee a businesses success. However, if it is a well written business plan then it will provide a good platform for the success of your business.

You wouldn’t build a house without a plan right? Well, with business its the same thing, planning provides the foundations that you can then build your business upon.

]]> By: Thirdman http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/comment-page-1/#comment-1399 Thirdman Sat, 27 Mar 2010 04:17:02 +0000 http://shopmeshsd.com/how-to-write-a-business-plan-for-the-home-based-e-entrepreneur/#comment-1399 Here are some resources that can help you write your business plan: - SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html - PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm - Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html You may also want to review some sample business plans to see how it actually looks like: - Bplans.com http://www.bplans.com/sp/businessplans.cfm - MOOT Corp Business Plan competition winners http://www.businessplans.org/businessplans.html - VFinance - View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp - Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp - PlanWare Planning software and information. http://www.planware.org/ - Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html -SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html - Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf - Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid - Business Plans Index - A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html Some recommended books are : - Business Plans Kit for Dummies - The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan - Writing Business Plans That Get Results : A Step-By-Step Guide - Business Plans For Dummies® - Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan Here are some resources that can help you write your business plan:

- SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html
- PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm
- Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html

You may also want to review some sample business plans to see how it actually looks like:

- Bplans.com http://www.bplans.com/sp/businessplans.cfm
- MOOT Corp Business Plan competition winners
http://www.businessplans.org/businessplans.html
- VFinance – View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp
- Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp
- PlanWare Planning software and information. http://www.planware.org/
- Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html
-SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html
- Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf
- Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid
- Business Plans Index – A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html

Some recommended books are :

- Business Plans Kit for Dummies
- The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan
- Writing Business Plans That Get Results : A Step-By-Step Guide
- Business Plans For Dummies®
- Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan

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